UPDATE 1 November 2019: According to information provided to us here at Cryptowisser.com, the subscription to this card is currently closed. We are monitoring the situation and will provide updates as soon as we have any. On their webpage, WageCan directs their users to two other cards, LuxPin and Link Node. We feel that this clearly indicates that their own card is no longer operational (or maybe even never was):
To find an active crypto debit card that you can use today, please visit our Crypto Debit Card List to see what options there are.
A common argument for regular money (also known as fiat currency) as opposed to cryptocurrency is that you can’t use cryptocurrency to buy groceries and other everyday items. Well, through the use of a cryptocurrency debit card, you can. This is a review of WageCan, one of the crypto debit cards out there.
WageCan only supports Bitcoin. With respect to fiat currencies, WageCan also supports EUR, GBP and USD.
WageCan is a Mastercard, meaning that you can use the card at any point of payment that accepts Mastercard. This is of course a great advantage, seeing that Mastercard (and VISA) are the most accepted cards in the world.
US-investors may also use this card.
Picture of Card
We think that WageCan charges very competitive fees.
The monthly fee is only USD 1.00.
The card charges an issuance fee of USD 15.40 (a one time fee).
ATM-usage results in a fee of 2.50 USD on the withdrawn amount.
Furthermore, the most important fee of them all, the commission on spending. WageCan sets you back 0.00%. This means that if you buy a nice sweater for USD 100, this will reduce your crypto assets with USD 100. Many other cards have commission based fees of 3.00-5.00%, meaning that a sweater for USD 100 will reduce your crypto assets with USD 103-105 instead.
Finally, there is no minimum deposit required that we know of but the maximum deposit is GBP 40,000 per load.
If this is the crypto debit card for you, congrats. Sign up for it now!
If not, you can also check out one of the other cards in our crypto debit card list. Good luck!